Thursday August 21st, 2014
Thursday August 21st, 2014
Latest

Foreign investors leveraging domestic investors’ apathy to grow portfolio

  /   in Investors Forum 12:01 am   /   Comments

ANTHONY-OMOJOLA

The fact that foreign investors account for large chunk of transactions in the Nigerian capital market in spite of the persistent insecurity in the North-Eastern part of the country has been described as good indication for the progress of the market by the regulators and confidence in the market by foreign investors.

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Latest

Skye Bank, Wema Bank exit NSE’s market indices

  /   in Investors Forum 12:28 am   /   Comments

Nigerian-Stock-Exchange-(NS

SKYE Bank and Wema Bank Plc have been eased out of the Nigerian Stock Exchange, NSE’s market indices following the biannual rebalancing undertaken by the Index Committee.

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Booby traps in SEC’s Investors Protection Fund (2)

  /   in Investors Forum   /   Comments

Ms Arunma Oteh, DG, SEC

By BABAJIDE KOMOLAFE The objective of the National Investors Protection Fund (NIPF) being proposed by the Securities and Exchange Commission (SEC) is to provide compensation to some class of investors when they suffer loss due to fraud or insolvency of some specified capital market operators. In addition to some of the weaknesses in the guidelines

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AMCON in the eyes of independent investors (2)

  /   in Investors Forum   /   Comments

AMCON

By WILLIAM JIMOH ASSET Management Corporation of Nigeria (AMCON) established on July 19, 2010, following the signing of the AMCON Act into Law by President of the Federal Republic of Nigeria, was created to be a key stabilising and re-vitalising tool to revive the financial system by efficiently resolving the non-performing loan assets of the

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The ideal National Investors Protection Fund (2)

  /   in Investors Forum 12:37 am   /   Comments

economy

The last edition recommended that there should be one Investors’ Protection Fund (IPF) in the capital market, instead of the multiplicity of such fund as implied in the Exposure Draft Guidelines on the National Investors Protection Fund (NIPF) being promoted by the Securities and Exchange Commission (SEC). The article also recommended that existing IPFs and those in the pipeline should be suspended or absolved by the SEC sponsored NIPF.

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Latest

The ideal National Investors Protection Fund (2)

  /   in Investors Forum   /   Comments

File photo: The  floor of Stock exchange

The last edition recommended that there should be one Investors’ Protection Fund (IPF) in the capital market, instead of the multiplicity of such fund as implied in the Exposure Draft Guidelines on the National Investors Protection Fund (NIPF) being promoted by the Securities and Exchange Commission (SEC). The article also recommended that existing IPFs and those in the pipeline should be suspended or absolved by the SEC sponsored NIPF.

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Latest

Top 10 performing stocks

  /   in Investors Forum   /   Comments

On the list of top 10 performing stocks last week were Conoil Plc, Eterna Plc, Caverton Offshore Support Group Plc, United Bank for Africa (UBA), P.Z Cusson Plc and Airline Services and Logistics Plc.

Others were Prestige Assurance Plc, Neimeth Pharmaceutical Plc, West African Provincial Insurance Plc and Custodian and Allied Plc.

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Latest

GSK declares N1.2bn dividend, as Onuzo becomes new Board Chairman

  /   in Investors Forum   /   Comments

GSK Consumer Nigeria Plc has declared N1.243 billion dividends, which translates to N1.30 per share for the financial year ended December 2013.

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Latest

GSK declares N1.2bn dividend, as Onuzo becomes new Board Chairman

  /   in Investors Forum   /   Comments

GSK Consumer Nigeria Plc has declared N1.243 billion dividends, which translates to N1.30 per share for the financial year ended December 2013.

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What most shareholders do not know about stock trading

  /   in Investors Forum 12:11 am   /   Comments

File photo: The  floor of Stock exchange

Investors in the capital market like every other area of business are always particular about the return they derive from their investment. This, often times, is the motivation for investing.

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Latest

The ideal National Investors Protection Fund

  /   in Investors Forum   /   Comments

Small-Business222

The National Investors Protection Fund (NIPF) being promoted by the Securities and Exchange Commission (SEC) excludes shareholders of listed companies, investors in mutual Funds, and clients of dealing members of Securities Exchanges and Capital Trade Points.

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Latest

Why e-dividend has not stopped rise in volume of unclaimed dividend

  /   in Investors Forum 12:52 am   /   Comments

ANTHONY-OMOJOLA

With the arrival of electronic trading and other electronic platforms in the Nigerian stock market, specifically the introduction of the electronic dividend payment which requires all shareholders to open bank accounts or update their bank account information and forward same to their registrars, the incidence of rise in unclaimed dividend is expected to reduce.

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Latest

The solution to e-payment fraud

  /   in Investors Forum   /   Comments

atm2

You can protect yourself from e-payment fraud. It is not by abstaining from e-payment, but by observing the following simple steps.

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Abstinence not solution to e-payment fraud

  /   in Investors Forum 12:08 am   /   Comments

atm2

THE young man was quite in a hurry. “What is the problem? He asked the bank teller. “Nothing, just be patient, the teller responded from her cubicle. “Why not apply for an ATM card? A customer asked the young man. “No! I am not interested. Is it by force? He replied.

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Beware of loopholes in e-payment system

  /   in Investors Forum 12:00 am   /   Comments

Finger-AtM

E-payment fraud is on the rise with many falling victims every day. But you don’t have to be one of the victims and you should not be

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Latest

Investors Speak:More reactions trail commencement of X-Whistle portal

  /   in Investors Forum 12:51 am   /   Comments

Nigerian-Stock-Exchange-(NS

By WILLIAM JIMOH The Nigerian Stock Exchange, NSE, recently launched a Whistle Blowing Portal called X-Whistle. The X- Whistle is meant to expose information that is inimical to the growth of the stock market. According to the Exchange, the NSE X-Whistle is a programme that empowers a whistle blower (an employee, an investor, a compliance

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Latest

E-payment fraudsters revealed (2)

  /   in Investors Forum   /   Comments

atm2

By BABAJIDE KOMOLAFE Most e-payment frauds are perpetrated by ‘insiders’. Present and former I.T staff of financial institutions are the ones most likely to defraud you through e-payment. Watch Out! Ignorance of e-payment can make you an easy victim. So also is carelessness on your part or on the part of other bank workers. You

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Latest

NSE moves to strengthen companies’ internal governance

  /   in Investors Forum   /   Comments

Unlike the Stock market, Forex trading is Online

The Nigerian Stock Exchange, NSE, weekend, announced plan to host a five kilometres walk competition for 350 quoted companies in a bid to promote corporate governance, teamwork, networking and wellness of companies’ managers.

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Latest

E-payment fraudsters revealed!

  /   in Investors Forum 12:00 am   /   Comments

The Wired World: A graphic representation of the Internet

He is well versed in information technology and has worked in an I.T company or I.T department of a bank or financial institution at some time. He has been responsible for creating codes and programmes for the operations of e-payment channels like ATM and web platforms. He is the one behind most of the e-payment frauds that have robbed many of millions of naira.

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Latest

Investors Speak: Shareholders welcome Whistle Blowing, seek further enlightenment

  /   in Investors Forum   /   Comments

Binuyuo-Sarafa1

The Nigerian Stock Exchange, NSE, recently launched a Whistle Blowing Portal called X-Whistle.
The X- Whistle is meant to expose information that is harmful to the growth of the stock market.

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Latest

Top 10 performing stocks

  /   in Investors Forum 12:37 am   /   Comments

Unlike the Stock market, Forex trading is Online

On the top 10 performing stocks last week were shares of Honeywell Flourmills Plc, A.G Leventis Plc, Forte Oil Plc, Courteville Business solution Plc, University Press Plc sand R.T Briscoe Plc.

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Latest

E-payment is good but ….

  /   in Investors Forum   /   Comments

atm2

Electronic payment is very good. It makes life convenient and allows you to achieve more with less. I remember the long queues people go through just to pay for satellite T.V subscriptions. Now you can do the same thing from your mobile phone, from anywhere in the world.

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Latest

Investors Speak:Shareholders explain why AGMs are sometimes rowdy

  /   in Investors Forum 12:55 am   /   Comments

shareholders

Annual General Meeting, AGM, is a platform where the Board of Directors of companies explains the activities and financial position of their companies for a particular financial year end to shareholders.

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Investors Speak: Causes of insurance companies’ misfortune

  /   in Investors Forum 12:12 am   /   Comments

insurance-pix

The global capital market melt-down of about six years ago affected every sector of the economy. While virtually all companies in the other sectors have experienced a positive turnaround, insurance companies in Nigeria have not been able to live up to the expectations of its shareholders.

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Latest

Why Chams has not paid dividend in 6 years

  /   in Investors Forum   /   Comments

Unlike the Stock market, Forex trading is Online

Chams Plc, a company listed on the Information Technology of the Nigerian Stock Exchange, NSE, has attributed its inability to declare dividend over the last six years to restructuring and reformation projects it embarked upon during the period.

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Latest

Investors speak: On the lackluster performance of insurance companies

  /   in Investors Forum 12:00 am   /   Comments

Though the global capital market economic met down of about six years ago affected every sectors of the market, while factually all companies in the other sectors of the market have experienced a positive turnaround, insurance companies in Nigeria have not been able to leave to the expectations of its shareholders.

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Latest

Go for the best of stockbrokers

  /   in Investors Forum 12:10 am   /   Comments

Nigerian Stock Exchange

Stockbroking firms are critical players in the capital market. As an investor, you can’t do without them. This is because they are the only firms or individuals licensed to trade in shares on the stock exchange. Hence anybody that wants to trade in shares through the stock exchnage must engage their services.

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Latest

Top 10 performing stocks

  /   in Investors Forum   /   Comments

insurance

The top 10 performing stocks last week were Learn Africa Plc, University Press Plc, Ashaka Cement Plc, Guinness Nigeria Plc, Costain (West Africa) Plc and International Energy Insurance Plc.

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Latest

Top 10 performing stocks

  /   in Investors Forum 12:14 am   /   Comments

File photo: The  floor of Stock exchange

AIICO Insurance Plc, Guaranty Trust Bank Plc, Stanbic IBTC Holdings Plc, FBN Holdings Plc, Nigerian Breweries Plc and 7up Bottling Company Plc were some of the stocks that benefited from investors patronage last week to make it to the top 10 performers list.

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Dead banks & living deposits (3)

  /   in Investors Forum   /   Comments

dead-bank

BETWEEN 1994 and 2006, about 48 banks ceased to exist for sundry reasons. Some of the people that had money in these banks, assumed that their money died with the banks. It is not so. Part of their deposits were insured by the Nigeria Deposit Insurance Corporation (NDIC). In the last two editions, we explained how deposit insurance works, the maximum insured deposit, liquidation dividend.

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$1trn capitalisation: NSE urged to intensify drive for oil & gas, telcos listing

  /   in Investors Forum   /   Comments

insurance

AS the set time for the actualisation of the Nigerian Stock Exchange, NSE, $1 trillion market capitalisation approaches, capital market operators have advised the management of the Exchange to intensify efforts of wooing companies in the upstream and downstream oil and gas and telecommunication sectors to list.

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Dead banks and living deposit (2)

  /   in Investors Forum 12:20 am   /   Comments

dead-bank

If you are a depositor in any of the 48 banks that collapsed between 1994 and 2006, and you have not collected your money, you can still recover some or all your money. You can recover the part of your money covered by the insurance provided by Nigeria Deposit Insurance Corporation (NDIC).

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